THE DCIT, (EXEMPTION) CIRCLE, BHOPAL vs. M/S. MAYANK WELFARE SOCIETY, BHOPAL

In the result, Revenue’s appeal for the AY 2013-14

Bench: Shri Manish Borad & Ms. Madhumita Royvirtual Hearing Assessment Year: 2013-14

Section 11(4) is merely intended to tax income which is not accounted for in the books: it does not operate to charge a disclosed amount which is admittedly expended, for a purpose either charitable or non- charitable, but is disclos as business expenditure and consequently added back in computing the business income. [CIT v Birla Education Trust (1985) 153

ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTION) CIRCLE BHOPAL, BHOPAL vs. MAYANK WELFARE SOCIETY, INDORE

In the result, Revenue’s appeal for the AY 2013-14

Bench: Shri Manish Borad & Ms. Madhumita Royvirtual Hearing Assessment Year: 2013-14

Section 11(4) is merely intended to tax income which is not accounted for in the books: it does not operate to charge a disclosed amount which is admittedly expended, for a purpose either charitable or non- charitable, but is disclos as business expenditure and consequently added back in computing the business income. [CIT v Birla Education Trust (1985) 153

M/S. M.P. BOARD OF SECONDARY EDUCATION,BHOPAL vs. THE DCIT EXCEMPTION , BHOPAL

Appeal is allowed

charitable purposes in accordance\nwith Section 11(1)(a) of the Act. The Gujarat High Court held that "income\nderived from trust property" for the purposes of Section 11(1)(a), must be\ndetermined on commercial principles and in doing so, all outgoings including\noutgoing by way of income tax paid by the assessee-trust must be deducted\nand

SHRI MANUEL MEDA,BHOPAL vs. THE ACIT-2(1), BHOPAL

In the result, Cross Objection by the assessee in CO

Bench: Shri Kul Bharat & Shri Manish Boradit(Ss)A No.89/Ind/2016 Assessment Year: 2006-07 Acit 1(1) M/S. L.N. Gupta Mathur Vaishya बनाम/ Charitable Trust Bhopal Vs. E-1/55, Arera Colony, Bhopal (Revenue) (Respondent) Pan: Aaatl4820E

4 and 13 to 34 of the Panchnama dated 28.10.2010. Ld. AO after recording the reason, issued notice u/s 153C of the Act dated 06.03.2012 directing the assessee to file return for A.Y. 2005-06 to 2010-11. Notices were duly served and necessary compliance was made. During the course of assessment proceedings Ld. AO was not satisfied with

AARAMBH FOUNDATION,INDORE vs. THE CIT EXEMPTION, BYHOPAL

In the result, appeal of the assessee is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniaarambh Foundation Cit-(Exemption) 220 Saket Nagar Bhopal Saket Nagar Vs. Indore (Appellant / Assessee) (Respondent/ Revenue) Pan: Aabaa 0609F Assessee By Shri Kunal Agrawal Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 12.12.2023 Date Of Pronouncement 04.01.2024

charitable purpose as per the proviso to Section 2(15) of the Act and held that assessee is not entitled for exemption under S.11 of the Act for the year under consideration as per provision of Section 13(8) of the Act. The AO made an addition of Rs.1,50,21,153/-. 4. Thereafter, the assessee preferred first statutory appeal

CRISP SOCIETY,BHOPAL vs. DCIT -EXEMPTION, BHOPAL

In the result, both appeals filed by the assessee are allowed

Bench: Shri Mahavir Prasad, Judicial Memebr & Shri Manish Borad

charitable purpose as per the proviso to Section 2(15) of the Act and held that assessee is not entitled for exemption under S.11 of the Act for the year under consideration as per provision of Section 13(8) of the Act. The AO made an addition of Rs.1,50,21,153/-. 4. Thereafter, the assessee preferred first statutory appeal

CRISP SOCIETY ,BHOPAL vs. DCIT EXEMPTION, BHOPAL

In the result, both appeals filed by the assessee are allowed

Bench: Shri Mahavir Prasad, Judicial Memebr & Shri Manish Borad

charitable purpose as per the proviso to Section 2(15) of the Act and held that assessee is not entitled for exemption under S.11 of the Act for the year under consideration as per provision of Section 13(8) of the Act. The AO made an addition of Rs.1,50,21,153/-. 4. Thereafter, the assessee preferred first statutory appeal